The Low Carbon Innovation Fund was officially launched at St Johns Innovation Centre, Cambridge on 27 September 2010.
The Low Carbon Innovation Fund (LCIF) is a European Regional Development Fund (ERDF) supported venture capital fund. It is seeded with £8m from the ERDF and matched with private sector investment and will run until December 2015.
The fund will make early-stage equity investments into small and medium sized enterprises ("SMEs") within the East of England that are developing new and innovative products or processes in a low carbon, environmentally sensitive manner.
Turquoise International is managing the fund in partnership with the Low Carbon Innovation Centre (LCIC) at the University of East Anglia (UEA). The SME must have an operational base in the East of England and the economic impact of the investment must be felt within the region.
To veiw presentations from the event please click here. Further information on the Low Carbon Innovation Fund and the Low Carbon Innovation Centre can be found here or visit www.lowcarbonfund.co.uk